Isabelle Lee(@isabelletanlee):Winner comment: “At the end of the day, you have to give full credit to Jack Bogle,” said @EricBalchunas. “Indexing needed Vanguard way more than Vanguard needed indexing because Vanguard would have made anything low-cost. And low-cost is what attracted these funds to investors.”

Isabelle Lee

@isabelletanlee

Cross-asset reporter at Bloomberg News | ilee204@bloomberg.net | Views my own

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Isabelle Lee@isabelletanlee

2026.09.03 21:37

Winner comment: “At the end of the day, you have to give full credit to Jack Bogle,” said @EricBalchunas. “Indexing needed Vanguard way more than Vanguard needed indexing because Vanguard would have made anything low-cost. And low-cost is what attracted these funds to investors.”